Weekly Stock Market Overview - Jan. 23, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 161.03 points or 0.92%. The Standard & Poor's 500 Index gained 32.40 points or 1.60%, while the Nasdaq Composite gained 123.50 points or 2.66%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (2.65%) last week followed by the Industrial Select Sector SPDR sector (2.29%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (0.77%) of the week followed by the Health Care Select Sector SPDR sector (0.81%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Medical Labs & Research, and Health Care Plans are among the most overvalued industries. The Financial sector is the most oversold sector followed by Services, while Technical Services, Gaming Activities, and Regional-Pacific Banks are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 15.96% LUV Southwest Airlines Industrials 10.48% VLO Valero Energy Energy 10.30% DAL Delta Airlines Industrials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -6.68% UPS United Parcel Service Industrials -6.50% X United States Steel Corp. Materials -5.97% DFS Discover Fincl. Svcs. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 7 Downtrend Broken Resistance 16 Uptrend Support 11 Uptrend Exhaustion 43 Uptrend Broken Support 3 Downtrend Resistance 15 Oversold 6